Logistics Viewpoints

FEBRUARY 5, 2024

Walmart is not the only big retailer with OTIF requirements, but as the world’s largest retailer, and a company with stringent requirements , Walmart’s OTIF requirements are top of mind for consumer goods companies. These solutions allow companies to prove that their goods arrived on-time.

Shipping 277

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 277

ModusLink Corporation

SEPTEMBER 30, 2024

The possibility of disruptions at major ports like New York/New Jersey, Savannah, and Baltimore has businesses facing the real danger of shipment delays, inventory shortages, and cost increases. These ports handle a significant portion of the nation’s containerized cargo, especially for the consumer goods, retail, and manufacturing sectors.

Los Angeles 78

Los Angeles Inventory Reduction Cost Reduction Strategies New York 78

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logistics Viewpoints

OCTOBER 14, 2024

This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. You set a target inventory level. Solvoyo has a metric they call the user acceptance rate. That’s an action.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Procurement Analytics Scenario Planning 238

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. RFID tags are one of the best technologies for quickly and accurately tracking goods throughout the value chain. What is RFID Technology?

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Supply Chain Matters

SEPTEMBER 6, 2023

The Supply Chain Matters blog provides the second in a four-part series of market education postings addressing the evolving use of Cloud based control layer technology platforms applied to warehousing and customer fulfillment processes. Goods are transported either by private fleet or use of contracted carriers.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Analytics Software Optimization Software 69

Logistics Viewpoints

AUGUST 2, 2021

Kimberly-Clark is public consumer goods company that generated over $19 billion in revenues last year. This consumer goods behemoth has driven ongoing supply chain productivity through their FORCE (Focused On Reducing Costs Everywhere) program. Not surprisingly, many of FourKites’ users work in transportation operations.

Real-time Visibility 258

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 258

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Logistics Viewpoints

JUNE 10, 2022

Supply chain shortages have caused prices to rise globally on just about every consumer good imaginable. Target expects squeezed profits from aggressive plan to get rid of unwanted inventory. Warehousing and storage companies have added 176,700 jobs over the past year, including some 17,700 in May, despite a tight labor market.

Logistics Network Optimization Software 244

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 244

Logistics Bureau

OCTOBER 6, 2024

They handle activities like warehousing, distribution, and transportation for other businesses. They consider factors like demand forecasts, inventory levels, and production capacities to create efficient production and distribution plans. 3PL 3rd Party Logistics – A company that provides outsourced logistics services.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 70

StockTrim

MAY 29, 2024

Inventory planning for consumer goods wholesalers can be complicated due to various factors. The main challenges they encounter include: Demand Forecasting : Accurately predicting consumer demand is essential for effective inventory planning.

Consumer Goods 52

Consumer Goods Inventory Forecasting Inventory Management Software 52

Logistics Viewpoints

JANUARY 11, 2023

Top 20 Warehouse Automation Suppliers Worldwide ; Clint Reiser. ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. I picked a good time to cover what is now well-known to be a hot market consisting of many successful warehouse automation suppliers. billion in 2019.

Logistics Network Optimization Software 249

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 249

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Logistics Viewpoints

MAY 12, 2023

At 2022’s end, the company had around 17 million square feet of “healthcare-compliant warehousing,” according to its 10-K. Jay Inslee and members of the state legislature for enacting House Bill 1762, an Act Relating to Protecting Employees of Warehouses (HB 1762). UPS will add 2.3

Logistics Network Optimization Software 223

Logistics Network Optimization Software Material Savings Logistics Chile 223

Supply Chain Shaman

JANUARY 8, 2024

In the past five years, companies have 5-10X the number of AGVs in their warehouses, but 40-60% more planners in corporate. We have successfully reduced warehouse labor, but planning is more labor intensive today, and less effective. The supply chain has two important buffers–inventory and capacity. Performance Declines.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

Logistics Viewpoints

OCTOBER 4, 2021

And how can consumer goods companies learn from their performance in this pandemic to prepare for the future? A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. But just how bad was it? That is an all-time low.

Inventory Reduction 250

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 250

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. Companies that predict demand, will be able to respond efficiently. billion by 2025.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

EazyStock

FEBRUARY 17, 2021

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control.

Inventory Reduction 75

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 75

Logistics Viewpoints

JULY 31, 2023

Unilever (NYSE: UL) is one of the world’s largest consumer goods companies. This multinational operates 280 factories and 500 warehouses, that source raw materials from 52,000 suppliers in over 150 countries, processes 25 million customer orders annually, that are then shipped to customers in over 190 nations.

Inventory Reduction 185

Inventory Reduction Supply Chain Planning Software North America Material Savings 185

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. A Sample Demand Pattern for Consumer Goods. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory. What to do?

Supply Chain Planning Software 442

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 442

Unleashed

MARCH 13, 2019

When managing inventory, there are a wide array of challenges and problems that face business owners. Inventory is one of your most important assets. It’s imperative to prevent and mitigate inventory management problems in order to protect the lifeblood of your business. Inventory going off. Human error.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Forecasting Software 66

Alloy

JUNE 13, 2023

Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai Menu Product Solutions Partners Resources Get Started Login Product Alloy.ai Overview Alloy.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Beverage Consumer Goods 52

Supply Chain Matters

DECEMBER 6, 2023

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and slowdown in Warehousing Utilization (-14.0) and Transportation Capacity (+5.2)

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

Supply Chain Shaman

AUGUST 7, 2018

However, we can start with inventory management and the tracking of materials in the hospital more efficiently. I remember the days of when I first ran a warehouse for a manufacturing company. It was before warehouse management. In those days, it was impossible to track inventory in the warehouse.

Pharmaceutical 150

Pharmaceutical Manufacturing Procurement Sourcing Strategies Inventory Reduction 150

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Unleashed

SEPTEMBER 23, 2021

Cross docking is an option to consider if you’re thinking about ways to streamline your supply chain – it’s a popular distribution system for fast-moving consumer goods, but can be used in a variety of other industries. The goods are sorted and transported to their final destination. Why is cross docking used?

Case Study 92

Case Study Cost Reduction Strategies Study Inventory Reduction 92

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. Yet the successful organization of inventory is not without its challenges.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

6 River Systems

JULY 3, 2020

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. According to F.

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Supply Chain Planning Software 52

Supply Chain Matters

DECEMBER 28, 2023

Timely Industry Example- Online Retail and E-Commerce With increased importance of online retail, E-Commerce or services-centric business models, enhanced coordination of customer focused fulfillment and inventory management has taken on special emphasis. and specifically increased demand for many forms of pandemic related consumer goods.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. The industry planning team expertise lags the consumer goods, and hi-tech industries. Localize supply—design inventory strategies to include buffer strategies. Be a good shipper. Recommendation. Recommendation.

Supply Chain Design Software 356

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 356

Logistics Viewpoints

SEPTEMBER 19, 2022

Nulogy, for example, is a platform for collaboration between consumer goods brands and their copacker and comanufacturing partners. Chris Castle, the vice president of product management at Nulogy, said that collaboration in the consumer goods industry was more even handed than in industries like automotive.

Supply Chain Design Software 168

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 168

ToolsGroup

MARCH 17, 2021

Because our customers around the globe can meet or exceed their service level requirements while minimizing inventory, they’re ready for whatever tomorrow brings.” Michael has been particularly instrumental in the past 12 months working closely with companies in the fast-moving consumer goods industry on COVID-19 response and recovery.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

RFgen

JULY 18, 2017

Decentralizing a business’ warehouse setup creates overhead and complexity that has long left companies working to bring resources into a central location. This may be a simple version of a distributed warehouse model, but even this method is highly reliant on careful collaboration between supply chain and warehouse managers.

Modeling Software 52

Modeling Software Modeling Warehousing Supply Chain Planning Software 52